Telge Projects Limited IPO Details

1. We have generated more than 50% revenues from our top 10 customers in the each of the immediately 3 preceding Fiscals, and the loss of such customers or a reduction in our revenue from such customers will have a material adverse impact on our business.

2. Our source of revenue is concentrated to export markets in certain geographical locations and our inability to operate and grow our business in such countries may have an adverse effect on our business, financial condition, result of operation, cash flow and future business prospects.

3. Our Company is heavily depending on Tekla Structures software. In case of reliance, any corruption, loss, or inaccessibility could have a material adverse impact on our business, results of operations, financial condition and cash flows.

4. There are certain discrepancies and non-compliances noticed in some of our financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities which may affect our revenue from operations.

5. There are certain discrepancies/errors/delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.

6. We currently derive our revenue predominantly from the (Building Information Modeling) BIM Services. If the same is not well received by the market, our business and future prospects could be adversely impacted.

7. We are subject to project execution risks where delays arising from design changes, unanticipated site conditions, or client-related factors such as late approvals or frequent scope modifications can disrupt project timelines, increase operational costs and significantly impact our profitability, client satisfaction.

8. We are dependent on our empanelled vendors for various software through which we provide services to our clients. The failure of our empanelled vendors to deliver this software in the necessary quantities, on time or to meet specified quality standards or technical specifications, could adversely affect our business and our ability to deliver orders on time.

9. Our Company relies on third-party software for design, modeling, and engineering execution. Any flaw or malfunction in such software may result in project delays, client dissatisfaction, reputational harm, or legal liability, which could adversely impact our operations and financial condition.

10. If we cannot attract and retain highly-skilled engineers, our ability to obtain, manage and operate new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand our business.